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Transcripts For CSPAN2 Key Capitol Hill Hearings 20140306

That there are one time savings where you really have two choices. You can either use that money to reduce the deficit which is a la laudable objective so we dont discredit that as an objective or use it for one time expenses. What you cant do is lower rates as if the one time savings is genuine forever because you would in the next period of time be losing revenue. Thats why the president proposed pairing Business Tax Reform with an infrastructure initiative. I think there is the basis there where youve seen proposals on both sides that have elements of agreement. I think that its something the more we talk about across party lines and with each other the more we have an opportunity to get something important done. Very good. Senator thune. Thank you, mr. Chairman. Secretary lew, nice to have you here. Welcome back. I also want to welcome our new chairman and really look forward to working with him. As chairman wyden mentioned we worked together on a number of issues, Digital Goods an

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